With a focus on social impact investing, SP Investment Fund is passionate about investing in early-stage companies that will positively impact society.
In furtherance of its goals, SP Investment Fund has invested along the side of other prominent and likeminded venture capital firms, such as Y Combinator (YC).
YC prides itself on creating a welcoming environment for startup founders. To do so, it accepts applications twice annually, from January to March and June through August, where prospective entrepreneurs explain their idea, no matter how specific or vague. If the YC team likes the idea, they add that startup to the batch for that mentorship period. During that period, batchmates receive not just seed money, but advice on how to pitch their ideas to larger venture capital firms, including those interested in either early or later company stages.
YC also operates an Aspiring Founders program, to educate people interested in startup creation who do not yet have an idea. In addition to weekly video modules, students talk with their fellows weekly, exploring material and discussing startup ideas. YC also promotes the Aspiring Founders course as a way to find co-founders.